This March 7, 2020 photo shows the logo of BDO Unibank Inc. at its main office in Makati City. (Photo by Enrique Agcaoili)
Listed BDO Unibank Inc.’s (BDO) net income declined to P8.8 billion in the first quarter of the year, with the Sy-led banking giant noting that the coronavirus disease 2019 (Covid-19) pandemic’s impact on the capital market affected its investment portfolio.